In the real world, we know he won't be getting sacked tomorrow morning - though I would dearly love this to pass.
Now. In the hypothetical world where Wenger gets sacked and Gus Hiddink takes over as Caretaker with Bergkamp as his assistant until the summer....think about it: Arsenal are 5 points or so off the CL places. The transfer window still has a week to run so there is a bit of time.
Now this isn't a 'Who would you sign' thread. It is a 'given the dross at your disposal, what would you do to change Arsenal and try and get us 4th if you were manager'?
I genuinely think there are at least 20 people on this forum who could do a better job than Wenger.
Here's my two cents on what I would do if I was appointed manager tomorrow:
1. Ban on all Twitter accounts.
2. Ban on all pre-match interviews from players. Any interviews need to be approved by the manager first. It is far too easy to feed the press the endless stream of bullshit at the moment. It's either loudmouth Song or some no-mark chatting shit and it needs to stop.
3. Under NO CIRCUMSTANCES do we play 4-5-1 at home against teams outside the top 4. At home to every team from position 5-20 in the PL, the system is 4-4-2. We might only have one striker but then you accommodate the system. That means that you play Van Persie up top with Oxlade-Chamberlain just behind him.
You play a midfield 4 of Wilshere/Arteta/Gervinho (eurgh)
You play Thomas Vermaelen as a DCM. There is no longer oom for Alex Song in this team, the club needs solidity, not the Cameroonian wannabe Zico. Song is Out. Dropped. When he learns defensive discipline, he will play again. Vermaelen is very suspect defensively as showed up a few times against Man U. Stick him in the holding role. Least he has a brain.

4. Theo Walcott is dropped. He will get chances as a sub.
5. A new keeper of experience is signed. Someone like Schwarzer just as an emergency until season end. Chesney will watch his step for sure then.
6. You stop playing this high line bullshit. It's a ridiculous thing to play a high line when you have Mertesacker in your team. You all saw how many times Welbeck got in behind on Sunday it was embarrassing.
7. Djourou never plays for Arsenal again. Ditto Diaby. Ditto Chamakh.
Song is on a final warning. Ramsey is dropped until he learns basic midfield discipline i.e. cut out the fancy-dan flicks and shit.
8. Every single training session defensive drills will be done as an absolute requirement. Anyone disagreeing with it is dropped. 5-a-side and a laugh is finished. Attacking players will also be taught the defensive side of the game (Cesc has confirmed he learnt more in 2 months at Barca about the defensive side of football than he had during 8 years at Arsenal!)
9. Completely change the training regime as it is clear it is leading to far too many soft tissue injuries. Revise the medical staff.
10. Instruct Chesney that the ball is never to be hoofed out That it is to be rolled out, distributed. Away from home the tactic will be to play a pressing game and to defend deep - and use the pace of Gervinho and Wilshere on the break. At home, it will be a possession game. Simple.
11. Andre Santos is never again to play as a defender. When he does get a chance, it will be ina wide midfield position.
12. Kieran Gibbs is transfer listed,
13. When Theo Walcott plays until the end of the season, he is either to play as a striker in a 4-4-2, or as the wide man in a front 3. He is never to play in midfield again.
14. Substitutions are to be made based on in-game performance and not hierarchy.
15. Arshavin is given one final chance. The first indication of laziness and he is banished.
Just a few random ideas on what a new manager could do, with the shit we have got at the minute.